StockData
BayFirst Financial Corp. logo

BayFirst Financial Corp. (BAFN) stock analysis

BAFNNasdaqState Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 3/30
$6.21+0.15 (+2.48%)

Close on Nov 12, 2026Market cap $167.44MP/E –Yield 2.58%

StockData Score

Prices as of Nov 11, 2026How the score works

Value0Growth0Performance0Health3Dividend0

Weak3 of 30 checks passed

BayFirst Financial passes 3 of the 30 checks behind our score; 19 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
0/6
Past performance
0/6
Financial health
3/6
Dividend
0/6

What stands out

  • Well capitalized

    Equity is 9.1% of total assets; 8% or more is a comfortable cushion.

  • Loans funded by deposits

    Loans equal 80.8% of deposits, so lending is funded by customer deposits.

  • Adequate loan-loss reserve

    The allowance for credit losses is 5.1% of loans; we look for at least 1%.

What to watch

  • Return on equity under 15%

    Return on equity was -44.5% over the last twelve months and averaged 3.8% over five years; we look for 15% on both.

  • Revenue growing under 10% a year

    Revenue grew 0.8% a year over the last three fiscal years, short of the 10% we look for.

  • P/B above the industry

    BayFirst Financial's price-to-book of 1.56 is above the Commercial Banks median of 1.29.

  • Return on assets under 1%

    Return on assets was -3.4%; for a bank or insurer, 1% or more is considered good.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • P/S against the industry

    Not enough revenue data to compare.

  • P/B above the industry

    BayFirst Financial's price-to-book of 1.56 is above the Commercial Banks median of 1.29.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth0/6

  • Revenue growing under 10% a year

    Revenue grew 0.8% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growth against the industry

    Needs revenue for this year and last.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin trend

    Banks and insurers do not report gross profit.

Past performance0/6

  • Return on equity under 15%

    Return on equity was -44.5% over the last twelve months and averaged 3.8% over five years; we look for 15% on both.

  • Return on assets under 1%

    Return on assets was -3.4%; for a bank or insurer, 1% or more is considered good.

  • Return on equity below the industry

    BayFirst Financial's return on equity of -44.5% is below the Commercial Banks median of 11.5%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin against its history

    Needs five years of revenue and net income.

  • Net margin against the industry

    Needs revenue and net income.

Financial health3/6

  • Well capitalized

    Equity is 9.1% of total assets; 8% or more is a comfortable cushion.

  • Loans funded by deposits

    Loans equal 80.8% of deposits, so lending is funded by customer deposits.

  • Adequate loan-loss reserve

    The allowance for credit losses is 5.1% of loans; we look for at least 1%.

  • High cost base

    Non-interest expense takes 141% of revenue; under 60% is efficient for a bank.

  • Deposits shrinking

    Deposits fell 13.4% over the past year.

  • Borrowings

    Needs debt and equity figures.

Dividend0/6

  • No dividend

    BayFirst Financial has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for BayFirst Financial. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Own 5-year median 11.1
  • Commercial Banks median 12.1

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

High risk

Average value traded per day
$471.54K
Value traded per 1% price move
$97.17K

Downside

High risk

Typical loss in a bad month
33.7%
Volatility (annualized)
73%
Sharpe ratio, 1 year
-0.43
Beta to the S&P 500 (5Y)
0.39

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2019 to 2025

Net margin

-39.0%−48.6 pts over 5 years

See a number that looks wrong?